Disney Cruise Line has finalized the purchase of an unfinished cruise ship from, now-defunct, Genting Hong Kong Cruise Line. Global Dream was an ambitious project that was approxiately 75% complete as it was slated to hold a staggering 9000+ passengers. Still under construction at the now bankrupt MV Werften, the remainder of the project will be managed by Meyer Werft. Plans will be altered and the ship will now hold closer to 6000 guest and will be renamed for its 2025 launch.
Weighing in at 208,000 gross tons, this will be the 11th largest cruise ship in the world at her time of delivery. Most of the ships infrastructure is built and will remain as is, however there currently a massive casino that will need to be repurposed (family friendly DCL does not offer a casino on their vessels) and the hull art will need to be replaced and repainted.
Joining Royal Caribbean and MSC, Disney will become only the third cruise line to feature cruise ships weighing over 200,000. Its approximately 6000 guests will be joined by a projected 2300 crew members and the ship will be one of the first ever to be fueled by green methanol.
At this point, the final price for the cruise line remains confidential however parties close to the situation speculate that it was approximately $1 billion.
Disney plans to redesign the 208,000 gross ton ship cruise ship and will repaint it removing Dream Cruises “hull art” for the traditional black and gold Disney livery with the Mickey Mouse logos. Disney will become only the third cruise line to have a ship over 200,000 gross tons. The Global Dream potentially will be the industry’s eleventh largest cruise ship, behind two classes of ships owned by Royal Caribbean International and a new class of ships being launched by MSC Cruises.
The cruise line says they expect the passenger capacity to be reduced to approximately 6,000 from the maximum of 9,000 Dream Cruises had announced. Areas such as a large casino will be also redesigned in keeping with Disney’s family-oriented cruises. Crew aboard the ship will be approximately 2,300.
One of the more innovative design changes Disney is discussing is the use of methanol for the ship’s fuel. In a brief statement, the cruise line says the ship “is expected to be among the first in the cruise industry to be fueled by green methanol.” Meyer Turku began construction in July for another new cruise ship for Germany’s TUI Cruises that is designed for methanol operations and in the United States Norwegian Cruise Line is exploring methanol with MAN for future ships and as a retrofit to its current ships.
The final purchase price of the Global Dream remains confidential. However, in Germany, the speculation is that the price is approximately €1 billion. The German government could suffer a loss of as much as €250 million or more due to loan guarantees to MV Werften and possible concessions for the sale and completion of the cruise ship.
Christoph Morgen, the lawyer overseeing the liquidation of MV Werften has scheduled a press conference for Thursday, November 17 to provide more details on the sale agreement.
Disney Cruise Line said it expects to introduce the new cruise ship in 2025 and that it will be based outside the United States. Separately, the cruise line is also building two LNG-fueled cruise ships at Meyer in Papenburg, Germany. The Disney Treasure, a sister ship to the Disney Wish, is scheduled for delivery in 2024, and the unnamed third ship is due for delivery in 2025.
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